Frontier Airlines 2004 Annual Report Download - page 28

ITEM 2: PROPERTIES
Flight Equipment
As of December 31, 2004, we operated 111 Embraer regional jets as described in the following table:
___________
(1) We use these two aircraft as spares and for charters.
(2) We have the option to acquire 74 ERJ - 135, ERJ - 140, ERJ - 145 or ERJ - 170 regional jets, in addition to 21 conditional firm orders for ERJ - 170s. We may convert some or all of our
40 options for ERJ - 170 regional jets into options for ERJ - 175s, ERJ - 190s or ERJ -195s.
All of our leased regional jet aircraft are leased by us pursuant to long - term leases, with current lease expirations ranging from 2009 to 2020. We also hold fixed - price purchase options
under these leases at approximately 14.0 to 14.5 years after these leases commenced. Furthermore, we have options to renew most of the leases for an additional three years, or purchase
outright the leased aircraft at the conclusion of their current lease terms at fair market value.
The following table outlines the number and type of aircraft being operated for each code - share partner and the total number of Embraer regional jets that we are required to place in service for
each code - share partner as of December 31, 2004:
___________
Ground Operations and Properties
Our employees perform substantially all routine airframe and engine maintenance and periodic inspection of equipment. We lease a 27,500 square foot aircraft maintenance and training
facility at the Indianapolis International Airport and a 80,000 square foot maintenance facility in Columbus, Ohio.
We lease ticket counters and check - in, boarding and other facilities in the passenger terminal areas in certain of the airports we serve and staff these facilities with our personnel. We
provide facilities and personnel to perform passenger and aircraft handling in St. Louis for all AmericanConnection and American Eagle regional jet operations in that hub. We also provide all US
Airways Express airport gate and ground handling at the Indianapolis International airport. Our partners provide ticket handling and ground support services in 71 of the 73 cities we serve.
We lease our corporate headquarters in Indianapolis. Our headquarters consists of approximately 37,000 square feet. In addition, we have entered into a short - term lease for a
maintenance facility in Indianapolis. The facility covers approximately 49,000 square feet.
Type
Total
Aircraft
Owned
Leased
Option
Aircraft
Average
Age
(in years)
Firm
Orders
Seats in
Standard
Configuration
ERJ - 145LR
68
25
43
2.7
0
50
ERJ - 140LR
15
11
4
2.8
0
44
ERJ - 135LR
17
15
2(1
)
1.5
0
37
ERJ - 170LR
11
11
0.1
28
70
Total
111
62
49
95(2
)
28
ERJ - 170 Aircraft
ERJ - 145 Aircraft
ERJ - 140 Aircraft
ERJ - 135 Aircraft
Total
In
Operation
Total
Required
Aircraft
In
Operation
Total
Required
Aircraft
In
Operation
Total
Required
Aircraft
In
Operation
(1)
Total
Required
Aircraft
Jets In
Operation
(1)
Total
Required
Embraer
Regional
Jets(1)
US Airways
—
—
35
35
—
—
—
—
35
35
American
—
—
—
—
15
15
—
—
15
15
Delta
—
16
24
24
—
—
15
15
39
55
United
11
23
9
9
—
—
—
—
20
32
Total
11
39
68
68
15
15
15
15
109
137
(1)
Excludes two additional leased ERJ - 135s that are not operated for any code - share partners. We use these aircraft as spares and for charters.
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